Sandy Bank, Inc., makes one model of wooden canoe. Partial Information is given below. Required: 1....

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Sandy Bank, Inc., makes one model of wooden canoe. Partial Information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $530 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 850 canoes. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars. 5. Suppose Sandy Bank wants to earn $65,000 profit this year. Calculate the number of canoes that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Complete the following table. (Round your Cost per Unit answers to 2 decimal places.) nces Number of Canoes Produced and Sold 420 Total costs Variable Costs S 06.700 Fixed Costs 135.000 Total Costs $ 202 440 Cost per Unt Varabie Cost per Unit Foed Cost per Unt Total Cost per Unis 500 Required 2> 720 Sandy Bank, Inc., makes one model of wooden canoe. Partial Information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $530 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 850 canoes. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars. 5. Suppose Sandy Bank wants to earn $65,000 profit this year. Calculate the number of canoes that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Complete the following table. (Round your Cost per Unit answers to 2 decimal places.) nces Number of Canoes Produced and Sold 420 Total costs Variable Costs S 06.700 Fixed Costs 135.000 Total Costs $ 202 440 Cost per Unt Varabie Cost per Unit Foed Cost per Unt Total Cost per Unis 500 Required 2> 720